Texas Approves Reverse Mortgage Purchase Program

The citizens of Texas voted on November 5, 2013, and unanimously approved to have all FHA reverse mortgage products allowed in the state.  This will now allow the HECM For Purchase program (aka reverse mortgage purchase program) to be made available for those seniors looking to purchase a home with a reverse mortgage loan.  The HECM For Purchase is a great way for seniors to qualify to purchase a home and increase their cash flow for retirement.

Request a free brochure on the product by contacting Rick Rodriguez, Proficio Mortgage, at (877) 576-3783 or rrodriguez@proficiomortgage.com.